$699,900
Est. payment $3,099/moCalculate yours
391 Tamarack Drive, Waterloo, ON N2L 4G7
Waterloo, ON N2L 4G7
- 3 + 1 Beds
- 3 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13772182
About this home
Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo’s highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo’s continued growth.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Apartment, Development Potential
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 70.08 x 132.89 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $3,791 (2026)
Location
- Cross Street
- Austin Drive
- Direction Faces
- North
Listing
- MLS® Number
- X13772182
- Days on Market
- 37
- Listed On
- 2026-09-11
- Possession
- immediate
- Listed By
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
Features
Interior
- Accessory Apartment
- In-Law Capability
Pool
- None
- Included
- NONE
- Excluded
- NONE
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$3,099 per month
- Principal and interest
- $3,099
- Property tax
- $316
- Condo fees
- $0
- Estimated monthly cost
- $3,415
Your mortgage
- Mortgage amount
- $559,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,782
Cash to close
- Down payment
- $139,980
- Land transfer tax
- $10,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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